PACCAR

PACCAR, Inc. is a global technology company, which engages in the design and manufacture of light, medium, and heavy-duty trucks. It operates through the following segments: Truck, Parts and Financial Services. The Truck segment designs and manufactures heavy, medium, and light duty diesel trucks which are marketed under the Kenworth, Peterbilt, and DAF brands. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment provides finance and leasing products and services provided to truck customers and dealers. The company was founded by William Pigott Sr. in 1905 and is headquartered in Bellevue, WA.

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Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

PACCAR achieves record revenues and profits, eyes growth opportunities

PACCAR delivered exceptional financial performance in 2022, achieving record revenues and net income, with strong performance across its truck, parts, and financial services divisions.
The company's focus on premium pricing, electric vehicles, and connected vehicles positions it well for future growth opportunities, while challenges in the supply chain and market uncertainties require strategic management.
Opportunities lie in the electric vehicle market, used truck segment, and connected vehicles, offering avenues for revenue growth and market expansion, supported by a commitment to innovation and customer service.
Overall, PACCAR's strong financial position, shareholder returns, and strategic investments underscore its resilience and potential for continued success in a dynamic industry landscape.

PACCAR reports record Q1 earnings, eyes global market expansion

PACCAR delivered exceptional financial results in Q1 2023, with record revenues and net income. The company's strong performance in its Truck, Parts, and Financial segments highlights its resilience and strategic focus on customer value creation.

PACCAR achieves record Q2 earnings, eyes hydrogen trucks for growth

PACCAR's Q2 2023 performance reflects robust revenue and profit growth, driven by strong operational metrics and strategic investments.
While facing challenges like economic uncertainties and supply chain disruptions, PACCAR is well-positioned to capitalize on growth opportunities.
The company's focus on innovation, efficiency, and customer service underscores its commitment to long-term success and market leadership.
With a solid financial foundation and a proactive approach to emerging technologies, PACCAR is poised for continued growth and profitability.

PACCAR reports record Q3 earnings, eyes growth amid challenges

PACCAR's Q3 performance reflects a robust financial position, driven by strong margins, revenue growth, and strategic investments. While facing challenges in rising expenses and supply constraints, the company's strengths in efficient capital utilization and market adaptability position it well for future opportunities and sustained growth.

PACCAR achieves record-breaking earnings, eyes growth in electric vehicles

PACCAR's Q4 2023 earnings call highlighted exceptional financial performance, strong market outlooks, and strategic growth plans. The company's focus on efficiency, customer service, and shareholder value has led to record-breaking results. Challenges in cost management and inflation are being addressed through pricing strategies and efficiency improvements.

PACCAR excels in Q1, eyes growth amid investment challenges

PACCAR's strong financial performance, efficient operations, and strategic positioning indicate a promising outlook for the company.
While facing challenges in significant investments, PACCAR is leveraging opportunities in market growth and technological advancements.
Overall, PACCAR's focus on innovation, expansion, and financial strength positions it well for sustained success in the industry.

PACCAR excels in Q2 earnings, eyes growth through strategic ventures

PACCAR's strong financial performance and market share gains underscore its competitive position.
Strategic initiatives like the battery joint venture and focus on premium products enhance long-term prospects.
Addressing challenges in softer markets and competitive pricing will be key to sustaining growth.
Balancing investments in innovation and market expansion can drive profitability and resilience.

PACCAR reports robust Q3 earnings, eyes growth amid market uncertainties

PACCAR's Q3 performance reflects strong financial results and market share gains. While uncertainties in market estimates and operational challenges exist, the company's strategic investments and competitive position offer growth opportunities. Analyst inquiries during the call focused on key industry dynamics and future strategies.

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Paccar (PCAR) is a Top-Ranked Growth Stock: Should You Buy?

BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR will work with Cummins Inc. to offer the new Cummins X15N natural gas engine in Kenworth and Peterbilt trucks. The X15N is the first natural gas engine to be specifically designed for heavy-duty truck applications with up to 500 horsepower output. The engine will include the integration of the Cummins Clean Fuel Technologies fuel delivery system. “PACCAR can help customers achieve their business goals by offering sustainable, affordable power solutions t

PACCAR to Offer Cummins X15N Natural Gas Engine

Paccar Inc., the parent company of Kenworth Trucks and Peterbilt Motors, is recalling 54 models of medium- and heavy-duty trucks — more than 50,000 units in the U.S. and Canada — assembled in the last year. Faulty assembly of steering gears can result in fractures leading to a possible crash.

Paccar recalls 54 Kenworth, Peterbilt models for possible steering gear fractures

Paccar (PCAR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Paccar (PCAR) Upgraded to Buy: Here's What You Should Know

PACCAR Inc. (NASDAQ:PCAR ) Q2 Results Conference Call July 26, 2022 12:00 PM ET Company Participants Ken Hastings - Director of IR Preston Feight - CEO Harrie Schippers - President & CFO Michael Barkley - SVP & Controller Conference Call Participants Robert Wertheimer - Melius Research Jerry Revich - Goldman Sachs Steven Fisher - UBS Matt Elkott - Cowen Steve Volkmann - Jefferies Dylan Guggenheim - Morgan Stanley Jeff Kauffman - Vertical Research Partners Tami Zakaria - JPMorgan Tim Thein - Citi Felix Boeschen - Raymond James David Raso - Evercore ISI Operator Good morning, and welcome to PACCAR's Second Quarter 2022 Earnings Conference Call. All lines will be in a listen-only mode until the question and answer session.

PACCAR Inc (PCAR) CEO Preston Feight on Q2 2022 Results - Earnings Call Transcript

Paccar Inc. defied dour economic projections for the near-term economy, posting record second-quarter revenue and income on the back of strong margins, increased deliveries of recently revamped models and profit on its parts business. Practically everything clicked in Q2 as the Belleveuve, Washington-based manufacturer crushed analyst estimates, Earnings per share of $2.07 beat the consensus by 23 cents.

What recession? Paccar posts record Q2 sales and earnings

PACCAR (PCAR) forecasts 2022 capex and R&D expenses in the band of $425-$475 million and $330-$350 million, respectively.

PACCAR (PCAR) Q2 Earnings & Sales Beat Estimates, Grow Y/Y

Paccar (PCAR) delivered earnings and revenue surprises of 14.36% and 4.12%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Paccar (PCAR) Q2 Earnings and Revenues Top Estimates

The Zacks Consensus Estimate for PACCAR's (PCAR) Q2 earnings and revenues is pegged at $1.80 per share and $6.51 billion, respectively.

PACCAR's (PCAR) Q2 Earnings Coming Up: What's in Store?

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Supply frictions, including new disruptions from the war in Ukraine, have turned the European truck market upside down. Lead times are exceptionally long, and truck registrations are expected to slide again in 2022.

It's All About Capacity In The Truck Market

PACCAR has been consistently delivering profitable results in the truck manufacturing industry. The company is able to increase its margins faster than its revenues, showing it is managed well.

Paccar: A Buy To Ride The Freight Growth Tide

Paccar (PCAR) reported earnings 30 days ago. What's next for the stock?

Paccar (PCAR) Down 1% Since Last Earnings Report: Can It Rebound?

PACCAR has had a rough couple of years, but the firm's fundamental performance is showing nice signs of recovering. While there is uncertainty in the broader market, there is no denying that this firm is a quality operator with an impressive history of growth.

Paccar: A Favorable Risk To Reward Prospect

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Paccar Inc. posted record Q1 sales and earnings, increasing production despite stubborn supply chain disruptions. The company reaped benefits from a practically all-new lineup of medium- and heavy-duty trucks introduced over the last year.

Truck manufacturer Paccar knocks Q1 financials out of the park

PACCAR Inc (NASDAQ:PCAR ) Q1 2022 Earnings Conference Call April 26, 2022 11:00 AM ET Company Participants Ken Hastings - Director of Investor Relations Preston Feight - Chief Executive Officer Harrie Schippers - President & Chief Financial Officer Michael Barkley - Senior Vice President & Controller Conference Call Participants Tami Zakaria - JPMorgan Steven Fisher - UBS Tim Thein - Citigroup Jamie Cook - Credit Suisse Steven Volkmann - Jefferies David Raso - Evercore ISI John Joyner - BMO Nicole DeBlase - Deutsche Bank Robert Wertheimer - Melius Research Jerry Revich - Goldman Sachs Chad Dillard - Bernstein Ross Gilardi - Bank of America Jeff Kauffman - Vertical Research Felix Boeschen - Raymond James Courtney Yakavonis - Morgan Stanley Matt Elkott - Cowen Operator Good morning, and welcome to PACCAR's First Quarter 2022 Earnings Conference Call. [Operator Instructions] Today's call is being recorded and if anyone has an objection, they should disconnect at this time.

PACCAR Inc (PCAR) CEO Preston Feight on Q1 2022 Results - Earnings Call Transcript

PACCAR (PCAR) reports impressive first-quarter performance. Its revenues and earnings not only beat estimates but also rise y/y.

PCCAR (PCAR) Q1 Earnings & Sales Beat Estimates, Up Y/Y

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Read on to know how things are shaping up ahead of Ford (F), Harley-Davidson (HOG) and O'Reilly's (ORLY) quarterly release tomorrow.

Key Predictions for Q1 Earnings Reports of F, HOG & ORLY

Paccar (PCAR) delivered earnings and revenue surprises of 13.91% and 5.63%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Paccar (PCAR) Surpasses Q1 Earnings and Revenue Estimates

Paccar Inc. PCAR, +0.77% reported Tuesday first-quarter profit and sales that rose to record levels and beat expectations, as the undersupply of semiconductors boosted demand and prices for used trucks. The truck maker's stock was still inactive in premarket traidng.

Paccar record profit and sales beat expectations, as undersupply of chips led to high used truck prices

The Zacks Consensus Estimate for PACCAR's (PCAR) Q1 earnings and revenues is pegged at $1.52 per share and $5.83 billion, respectively.

How Things are Shaping Up Ahead of PACCAR (PCAR) Q1 Earnings

Let's see if PACCAR (PCAR) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Consider PACCAR (PCAR) Stock Now?

PACCAR Inc (NASDAQ: PCAR) has been downgraded to Hold from Buy by Jefferies analyst Stephen Volkmann. The analyst also lowered the price target to $85 (an upside of 3.4%), from $100.

Jefferies Downgrades PACCAR, Cuts Price Target By 15%

Truck maker PACCAR Inc (NASDAQ:PCAR) is flat today, last seen trading at $90.23, after the parent company of both Kenworth and Peterbilt earned a price-target cut from Jefferies to $100 from $110.

News for PACCAR Stock (PCAR)